Event Info Here
BSA/AML Fundamentals Bootcamp
Tuesday and Wednesday, August 18-19, 2020 - 9:00 a.m. to 4:00 p.m.
Bank Secrecy Act (BSA) is an on-going, ever-changing “safety and soundness” issue, and compliance continues to be a top priority with the regulators. The financial industry is required to take an increased leading role in the prevention of money laundering and potential terrorist funding. One major requirement is to designate a BSA/AML Compliance Officer and to ensure that both the BSA/AML Compliance Officer and the BSA Team are well trained and qualified to carry out the critical duties. This Bootcamp provides the framework for understanding the BSA team’s roles and responsibilities for BSA/AML and OFAC compliance.
This two-day comprehensive session provides the tools, techniques, and “real world” practice and examples for learning the critical components of a BSA/AML program. We will review the basic BSA regulatory framework and provide you with an understanding of the BSA, OFAC, Money Laundering and Terrorist Financing as well as the core recordkeeping requirements. Attendees will utilize the FFIEC BSA/AML Examination Manual – including recent updates!
This bootcamp focuses on the fundamentals and basics of BSA and is designed for newly-appointed BSA Officers, BSA team members needing a refresher, or those responsible for supporting the function.
Advanced BSA/AML Academy
Thursday and Friday, August 20-21, 2020 - 9:00 a.m. to 4:15 p.m.
Compliance with the Bank Secrecy Act (BSA) continues to be a top priority of the regulators. Examiners are increasing their focus to ensure financial institutions are complying with all aspects of the Bank Secrecy Act (BSA) and its many regulatory requirements. Potential legislative changes to the Bank Secrecy Act are in the works in the U.S. House and Senate. In addition, the dramatic increase in the number of sanctioned individuals and entities and the growing complexity of the OFAC sanctions. And, the changing landscape of banking the cannabis industry continues to be an evolving hot topic.
This comprehensive 2-day program features industry specialists and regulators who will discuss the latest changing BSA topics above as well as other BSA/AML priorities, and offer tips and tools to develop and manage an effective BSA program. Topics this year include Updating Your Policy and Procedures, Cannabis Banking Policy Revisions, BSA Implications with COVID-19, Regulatory Input on New FFIEC Updates and more.
This program is designed for those who have a working knowledge of BSA compliance including BSA, AML, Compliance and Fraud Officers Team Members, and Auditors. Individuals with accountability for BSA Compliance will also benefit from this program, such as: retail management, risk management, operations, and employee development.
Individual Program Fee (per person, includes OnDemand access)
Full Series Fee (per person, includes OnDemand access)